Abound’s original wholesale marketplace closed in June 2023 before its Abound and Droply assets were acquired by Carro in January 2024. The change shows why wholesalers benefit from maintaining payment infrastructure outside any single marketplace. Faire continues to connect independent brands and retailers through marketplace ordering, while Resolve Pay net terms help manufacturers, distributors, and wholesalers offer flexible payment terms across direct, ecommerce, sales-assisted, and offline transactions.
Wholesale marketplaces act as digital intermediaries between product brands and retail buyers. They help retailers source merchandise while giving brands access to a broader network of potential stockists.
Common marketplace services include:
Abound previously operated as a curated wholesale marketplace for independent brands and retailers. In June 2023, the company closed its wholesale program and shifted its attention toward Droply, a dropshipping model. Carro then acquired Abound and Droply in January 2024.
Faire remains an active wholesale marketplace used by hundreds of thousands of retailers. It combines product discovery, ordering, payment terms, and first-order return options within its platform.
A wholesale marketplace typically brings many suppliers and buyers into one digital environment. Retailers can browse products from different brands, submit orders, and manage invoices through a shared account.
For retailers, marketplaces may provide:
For brands, marketplaces may provide:
These features can support product discovery, but they do not replace a brand’s broader wholesale infrastructure. Direct website orders, trade show purchases, phone orders, and sales representative transactions require separate payment and accounts receivable processes unless the seller uses a cross-channel platform.
Net terms specify the period a business buyer has to pay an invoice. They are commonly used in wholesale because retailers often need time to receive, merchandise, and sell inventory before paying suppliers.
The most common structures include:
The starting date may be based on the invoice date, shipment date, delivery date, or another date defined in the seller’s agreement. Suppliers should state the trigger clearly on invoices and within their credit policies.
Net terms create accounts receivable for the seller. The U.S. Small Business Administration classifies accounts receivable as a current asset, but an unpaid invoice does not provide the same immediate liquidity as cash in the bank.
Flexible payment terms can help wholesalers:
However, offering terms internally requires the seller to evaluate credit, establish limits, monitor invoices, collect payments, and absorb potential losses.
The SBA recommends tracking assets, liabilities, costs, and cash flow projections as part of sound financial management. This becomes especially important when a large share of revenue remains outstanding for 30, 60, or 90 days.
Wholesalers managing terms internally commonly face:
An integrated accounts receivable platform can connect these activities within one credit-to-cash workflow.
Before closing its original wholesale program, Abound offered marketplace ordering and payment features for independent retailers and brands.
Eligible retailers could receive Net 60 payment terms on qualifying marketplace purchases. Abound assigned purchasing limits and managed payment collection for orders processed through its platform.
Retailer features included:
These terms were connected to Abound transactions. Retailers buying directly from a brand outside the marketplace needed to use the payment methods and credit terms offered by that brand.
Abound announced the closure of its traditional wholesale program in 2023 and introduced Droply by Abound as a dropshipping-focused model. Carro acquired Abound and Droply in January 2024, bringing their technology and network into Carro’s collaborative commerce operations.
The sequence is important:
The original wholesale marketplace therefore closed before the acquisition. Describing Abound as closing after its 2024 acquisition would reverse the actual sequence.
Faire combines wholesale product discovery with purchasing, payment, and returns tools. Qualifying retailers may receive Net 60 terms for eligible marketplace orders.
Faire’s standard Net 60 option generally allows an approved retailer to place an order and pay later. Eligibility and available purchasing capacity depend on the retailer’s account and approval status.
The workflow typically includes:
When an order takes longer than the standard shipping period, the invoice date may be adjusted under Faire’s applicable rules.
Faire also operates a program for qualifying new stores that may provide additional purchasing capacity. Availability depends on Faire’s current eligibility requirements and approval process.
Brands receive payouts through the marketplace according to the option associated with their account and order. Payout timing and deductions can vary based on the transaction source and selected payout schedule.
Specific fees and rates are not included here because marketplace pricing can change and may depend on how the retailer was acquired. Brands should review their current marketplace agreement before calculating channel margins.
Faire’s payment terms are part of its marketplace transaction system. They do not automatically apply when the same retailer orders through:
A wholesaler using several sales channels therefore needs a separate process for approving credit and managing receivables outside Faire.
Marketplace payment tools and standalone B2B payment platforms serve different operational purposes.
Marketplace terms are connected to the marketplace’s ordering system. The platform typically controls checkout, transaction records, invoicing, payment collection, and retailer account data for those orders.
This model can be useful for:
A cross-channel platform lets the seller establish a more consistent payment experience across the business. Credit and AR workflows can support direct sales without requiring every buyer to place orders through a particular marketplace.
With net terms management, wholesalers can connect credit decisions, invoices, payments, collections, and accounting records across multiple transaction types.
This model supports:
Wholesalers can still use marketplaces for discovery while maintaining an independent payment process for eligible direct orders.
Resolve Pay helps B2B sellers offer net terms while improving cash flow and reducing manual accounts receivable work. The platform combines business credit assessment, invoice advancement, payment processing, collections, and reconciliation.
Resolve Pay supports a consistent buying experience across online and offline channels. Sellers can offer Net 30, Net 60, Net 90, or approved custom terms without building separate credit workflows for every sales channel.
The platform can be used with:
This structure allows the wholesaler to maintain its brand and customer relationships rather than routing every transaction through a third-party marketplace.
Resolve Pay uses AI-supported underwriting, business data, behavioral signals, and credit expertise to evaluate buyers. Its business credit checks can support quiet pre-approval workflows using basic business information.
Credit capabilities include:
All approvals and credit limits remain subject to buyer verification and Resolve Pay’s underwriting decisions.
Resolve Pay can advance funds on approved invoices while the buyer retains the agreed payment period. Advance amounts depend on the transaction, buyer approval, and underwriting.
Because qualifying advances are non-recourse, Resolve Pay assumes the covered payment risk on approved invoices. This helps sellers convert eligible receivables into working capital without waiting for the buyer’s full payment period.
Wholesalers can use the funds to:
This approach provides a modern factoring alternative that also includes credit management and AR automation.
Resolve Pay’s AR automation tools manage activities that would otherwise require repeated finance-team intervention.
Supported workflows include:
The branded buyer portal supports ACH, wire, credit card, and check payments.
Resolve Pay can connect with accounting, ERP, and commerce systems through prebuilt integrations and flexible APIs.
Supported platforms include:
These financial system integrations help synchronize customer, invoice, payment, and reconciliation data while allowing the accounting platform to remain the system of record.
Resolve Pay has supported manufacturers, distributors, and wholesale suppliers seeking faster approvals, stronger cash flow, and more scalable receivables operations.
Examples include:
Individual results depend on each company’s buyer base, transaction volume, credit profile, and implementation.
Abound’s transition shows that marketplace strategies and business models can change. Marketplaces can still provide meaningful product discovery and order volume, but wholesalers benefit from separating their core payment capabilities from any one marketplace.
Resolve Pay gives wholesalers an independent infrastructure for:
A wholesaler can continue using marketplaces where they support customer acquisition while applying Resolve Pay across its direct and assisted sales channels.
This approach turns payment terms into a company-owned growth capability rather than a feature tied to one marketplace. For wholesalers seeking to expand direct sales, improve cash flow, and reduce credit administration, Resolve Pay provides a connected credit-to-cash platform built for multi-channel B2B commerce.
Abound closed its original wholesale marketplace program in June 2023 and shifted toward Droply by Abound, a dropshipping-focused service. Carro announced the acquisition of Abound and Droply in January 2024. The acquisition occurred after Abound had already ended its traditional wholesale marketplace program.
Eligible retailers can use Net 60 terms for qualifying orders placed through Faire. The retailer’s available terms and purchasing capacity depend on Faire’s approval process and account status. These terms apply to Faire transactions and do not automatically extend to purchases made directly from the same brand.
Yes. A wholesaler can use marketplaces for product discovery and marketplace orders while using Resolve Pay for direct ecommerce, sales representative, purchase order, trade show, and offline transactions. This creates a more consistent credit and payment process across the seller’s channels.
For an approved invoice covered by a non-recourse advance, Resolve Pay assumes the covered credit risk under the applicable agreement. The seller keeps the advanced amount while Resolve Pay manages payment follow-up and collections. Coverage depends on approval, verification, and the terms of the transaction.
Resolve Pay can advance funds on approved invoices instead of requiring the seller to wait through the buyer’s Net 30, Net 60, or Net 90 payment period. It also automates credit decisions, invoicing, reminders, collections, payment processing, and reconciliation, helping finance teams manage growing receivables with less manual work.
This post is to be used for informational purposes only and does not constitute formal legal, business, or tax advice. Each person should consult his or her own attorney, business advisor, or tax advisor with respect to matters referenced in this post. Resolve assumes no liability for actions taken in reliance upon the information contained herein.